Let Northwestern Financial Manage Your Notes
Are you WORRIED about setting up your private mortgage?
STOP carrying that weight.
Let US do the work FOR YOU.
We Protect All Your Interests
Northwestern Financial is the trusted source in setting up and managing your private mortgage notes. Whether you are the borrower or the lender, you will have access to a suite of services designed to help protect not just your financial interests, but your relationships as well.
Northwestern Financial offers a suite of services which include:
- Managing the repayment process
- Providing both parties with year-end statements for tax purposes
- Easily maintaining accurate records of payments with online, real-time access
The Suite of Services
Northwestern Financial has years of experience helping both borrowers and lenders set up and manage private mortgages. For a low monthly fee, both parties gain access to a suite of services designed to reduce financial risk while protecting the relationship between the borrower and lender. Plus, both parties receive Northwestern service and support for the life of the loan.
- Documentation services:
Northwestern will create the necessary documentation needed to set up your private mortgage - Mortgage Recording Services:
Northwestern ensures that the property is recorded with the proper government office so that there is an official record to show that the private lender holds a lien on the property. This is required if the borrower wants to claim the mortgage interest tax deduction. - Payment processing services:
Streamlined payment processing services make it easy and convenient to maintain your private mortgage through Northwestern. - Loan restructuring services:
Loan restructuring services are just one reason why foreclosure rates on private loans managed by Northwestern are less than 2% -- compared to an industry average of 10%.